Word: virginians
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George Bernard Shaw, far-famed as a bathing beauty, has a host of unacknowledged disciples, for the vegetable dinner more than held its own as against the aristocratic Virginian ham. And the Americanophobe novelists whose heroes invariably order ham and eggs in abominable French at the Dome Ronde must revise their next editions, for "ham and" has lost its place as peer, among American dishes...
Pennsylvania R. R. is by no means to be forgotten, even if the Van Sweringens' Nickel Plate has enjoyed most of the limelight. The Nickel Plate was quite anxious to acquire the Virginian R. R., and neither the New York Central nor the Baltimore & Ohio would have wept bitter tears at being asked to take it over...
...Virginian consist of a single line running from Norfolk back into the coal territory in the hills. It slopes so steadily seaward that cars loaded with coal (about 90% of its traffic) can coast downhill without need of much fuel...
...while other rail groups "claimed" the Virginian, the Pennsylvania went out and took it. This was done by the leasing of the Virginian to the Norfolk & Western, which is in turn controlled and largely owned by the Pennsylvania...
Under the lease, the N. & W. will secure all revenues from the Virginian, in return for paying its operating expenses, taxes and a 6% dividend on its preferred and common stocks, or about $3,500,000 a year. Recent net earnings of the Virginian should about make up this total amount whose payment is undertaken...